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. >> i would argue and i think steve will also argue it is not just technicals but also fundamentals. earnings are slowing. >> this is a key. if you look at multiple compressions this doesn't hold for all stocks. if you show me a company where the top line is slowing. that doesn't hold all the time. for a stock like this it is widely held and most likely going to happen that way. >> that chart is something. if somebody put that chart in front of you and didn't tell you what it was you would not be buying it. you could say that rally is something to be sold. put a chart in front when you don't know what it is. apple has a great name but when you look at the chart it is a different story. >> he is making the comparison to microsoft as well as google. on microsoft the price to earnings decline has been on decline since the tech bubble. microsoft has not seen that resurgence even though the base is very large. on google the share of search has been steady a mid 60% or so. and as this has peaked so has the p.e. sounds familiar. >> and i have said it before. when products become ubiquitous,
. >> i would argue and i think steve will also argue it is not just technicals but also fundamentals. earnings are slowing. >> this is a key. if you look at multiple compressions this doesn't hold for all stocks. if you show me a company where the top line is slowing. that doesn't hold all the time. for a stock like this it is widely held and most likely going to happen that way. >> that chart is something. if somebody put that chart in front of you and didn't tell you what it...
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a response to an argument that was starting before former adviser steve ratner and minnesota democratic congressman keith ellison with near glee. there is no real choice about that. we're clear social security is off the table. this is, to me, the much more interesting debate between tom and dan. >> you want republicans arguing. both sides are also battling for control of the debt ceiling which may represent the republicans' greatest point of leverage in these budget talks. goo the speaker of the house says that's a nonstarter. >> silliness. congress will never give up the power. i've made it clear to the president. we need cuts in reform greater than the increase in the debt limit. >> bottom line, you've got to put a detailed plan on the table that the white house ends up agreeing to some of it, rejects some of it in the same way the white house is arguably overplaying their hand on taxes. the question is whether you're going to see two full fledged plans be put on the table. republicans for now, including speaker boehner and mitch mcconnell both say, hey, all these plans are familiar
a response to an argument that was starting before former adviser steve ratner and minnesota democratic congressman keith ellison with near glee. there is no real choice about that. we're clear social security is off the table. this is, to me, the much more interesting debate between tom and dan. >> you want republicans arguing. both sides are also battling for control of the debt ceiling which may represent the republicans' greatest point of leverage in these budget talks. goo the...
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steve, i have gloves. >> steve: they would match your outfit. >> gretchen: i know. >> steve: you just want to share. it is the season for sharing. >> gretchen: i am a wimp with the gold. i don't like it even though i grew up in minnesota. >> steve: it is winter and it was not cold we would be in trouble. >> brian: we have bad news. >> gretchen: we have a fox news alert. while you were sleeping a magnitude earthquake hit japan and triggered a suence - tunce tsun ami. >> and day after two hunters found two bodies can doysens of people held a vigil to remember elizabeth collins and lyric cook . >> this time the law enforcement is confident based on the investigation that the bodies found yesterday are those of lyric cook and elizabeth collins. >> gretchen: a positive id will be made by the medical examiner. more importantly how did they die? they are accused of aiding terrorist and planning weapons of mass destruction and they will come face to face with a judge in florida. they were both from pakistan . they planned an attack with weapons of mass destruction. prince charles is speaking
steve, i have gloves. >> steve: they would match your outfit. >> gretchen: i know. >> steve: you just want to share. it is the season for sharing. >> gretchen: i am a wimp with the gold. i don't like it even though i grew up in minnesota. >> steve: it is winter and it was not cold we would be in trouble. >> brian: we have bad news. >> gretchen: we have a fox news alert. while you were sleeping a magnitude earthquake hit japan and triggered a suence -...
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steve? >> the supreme constitutional court justices suspended their work in cairo because a crowd of protesters surround their building when they try to go to work this morning. the protesters are loyal to the egypt president mohammed morsi. the supreme court justices said they felt intimidated both physically and psychologically. so they will not continue their work indefinitely. they are likely to rule on legitimacy of the assembly that passed draft constitution on friday. the next step for draft constitution in egypt is to go to a national referendum on december 15. whole nation will vote up or down on that constitutional document. if it succeeds, president morsi said he will give up the extraordinary powers he assumed last week. move that set off the street protests here. as far as the protests go, we are seeing a few thousand people behind us in tahrir square who are anti-morsi protesters, with a much larger showing yesterday. 200,000 people. many of them from the muslim brotherhood com
steve? >> the supreme constitutional court justices suspended their work in cairo because a crowd of protesters surround their building when they try to go to work this morning. the protesters are loyal to the egypt president mohammed morsi. the supreme court justices said they felt intimidated both physically and psychologically. so they will not continue their work indefinitely. they are likely to rule on legitimacy of the assembly that passed draft constitution on friday. the next step...
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steve, is it really as bad as all of that? we're talking about some very anemic numbers. >> the question is, what part is bad? i really disagree with this report in the sense that i don't see how he can possibly know what the growth rate is going to be in 2050. i don't think he knows what the growth rate is going to be next year let alone in 2050. the second thing wrong with this prediction is growth rates are something that are within control of a society or nation. with the policies -- now, i think he's right we're aiming right now for a growth rate that may be unattainable. long-term, a society cannot exactly choose but can adjust this level of growth. third, some of the things that he's most concerned about, for example, global competition, are some of the things that make me optimistic about the future, not pessimistic. >> but lindsay, part of his reasoning is we're adding too much debt to the equation. debt servicing takes up more of our growth at this point. too many band-aids solving problems that need surgery, not sor
steve, is it really as bad as all of that? we're talking about some very anemic numbers. >> the question is, what part is bad? i really disagree with this report in the sense that i don't see how he can possibly know what the growth rate is going to be in 2050. i don't think he knows what the growth rate is going to be next year let alone in 2050. the second thing wrong with this prediction is growth rates are something that are within control of a society or nation. with the policies --...
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>> pelley: steve hartman proves that he does "on the road". >> merry christmas! captioning sponsored by cbs pelley. this is the "cbs evening news" with scott pelley. >> pelley: good evening. erspelley: good evening. when the supreme court alters ed icourse of the nation, names are etched in history. ralessy v. ferguson" endorsed inial segregation; "brown v. board of education" ended it in hat ation. today we learned that the next name to make civil rights history may be "hollingsworth v. willy." her court said it will hear the case which could decide whether same-sex couples have a constitutional right to marry. the case centers on a ban on 20me-sex marriage that was passed by california voters in 2008. john blackstone has our lead from san francisco. >> reporter: for five months in 2008, same-sex couples in california could marry legally. then voters passed proposition 8 banning same-sex marriage. when gay couples challenged prop 8, both the state supreme court and the federal ninth circuit court of appeals ruled that banning same-sex marriage is unconstitutiona
>> pelley: steve hartman proves that he does "on the road". >> merry christmas! captioning sponsored by cbs pelley. this is the "cbs evening news" with scott pelley. >> pelley: good evening. erspelley: good evening. when the supreme court alters ed icourse of the nation, names are etched in history. ralessy v. ferguson" endorsed inial segregation; "brown v. board of education" ended it in hat ation. today we learned that the next name to make...
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megyn: steve harrigan, thank you. images of the man's final moments alive sparked a nationwide debate on morals and ethics. as we learned more than a dozen people witnessed the altercation between the two men and that no one stepped in to help. when one of the men was pushed by the other on the subway tracks and was killed. why? dr. keith ablow is here. one of the largest teachers unions come under fire. some call this vicious and vile class warfare. you can see what is happening in this clip. that debate is also next. >> the people of this land called his paying taxes. everyone pays what they could afford. the people in the middle in the middle amount of the rich people 1%. over time rich people decided they weren't rich enough, so they came up with ways to get richer. the first way was to do tax cuts. fewer services for everyone and they said why should i care about others i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at
megyn: steve harrigan, thank you. images of the man's final moments alive sparked a nationwide debate on morals and ethics. as we learned more than a dozen people witnessed the altercation between the two men and that no one stepped in to help. when one of the men was pushed by the other on the subway tracks and was killed. why? dr. keith ablow is here. one of the largest teachers unions come under fire. some call this vicious and vile class warfare. you can see what is happening in this clip....
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steve? >> that deadline for action could be fast approaching but the two sides do not appear to be in a hurry, instead of negotiating a deal the players spent their unsunday in -- sundy taking their views to the public. speaker boehner appeared on fox news sunday expressing his surprise when geithner laid out the white house plan of action, calling for a new revenue and stimulus spending. >> i was flabbergasted. i have never seen anything like it. we have several weeks between election day and the end of the year and three of those weeks have been wasted with this nonsense. >> for his part, secretary geithner saying the ball is new in the g.o.p.'s court and he says the administration is ready to move forward if republicans agree to raise taxes on wealthy americans and specify their own demands for reducing government spending and he defended the plan that speaker boehner says is not a serious proposal. >> we think that is a very good southwest proposals and that is good for the economy. if y
steve? >> that deadline for action could be fast approaching but the two sides do not appear to be in a hurry, instead of negotiating a deal the players spent their unsunday in -- sundy taking their views to the public. speaker boehner appeared on fox news sunday expressing his surprise when geithner laid out the white house plan of action, calling for a new revenue and stimulus spending. >> i was flabbergasted. i have never seen anything like it. we have several weeks between...
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steve forbes saying fight, fight. pressure the president. then you have democrats, labor unio unions, the aarp saying we don't need to think about raising the retirement age. every time you have a short term play special interest dig in. until they erase the trust deficit, every time they do it incrementally they make it harder to do the big stuff. >> notwithstanding the problems in this conversation and notwithstanding problems from washington, there is some economic renaissance that's brewing under the surface here. we have an energy boom going on, low energy prices. we have manufacturing output increasing in this country. we have the housing boom with low interest rates to stay for a couple of yearses. is there enough that could happen that could offset what's going on in washington? can we grow our way out of this? >> we can't ignore them. if they blow it, there is nothing we can do. the risks are becoming more balanced where things like the housing recovery, consumer debt coming down are starting to offer the possibility where growth mi
steve forbes saying fight, fight. pressure the president. then you have democrats, labor unio unions, the aarp saying we don't need to think about raising the retirement age. every time you have a short term play special interest dig in. until they erase the trust deficit, every time they do it incrementally they make it harder to do the big stuff. >> notwithstanding the problems in this conversation and notwithstanding problems from washington, there is some economic renaissance that's...
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back to you, maria. >> steve, thank you so much. steve liesman with the secretary of treasury. let's get reaction to that exclusive interview. that's coming up after that short break. on deck, senator jeff sessions is with me, a ranking member of the senate budget committee. richard shelby is also with me. and maya mcguinness. this busy edition "the closing bell" is just getting started. we're back in a minute. they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> welcome back. you just heard from timothy geithner. did the exclusive interview you just saw move the needle in terms of the fiscal cliff being any clo
back to you, maria. >> steve, thank you so much. steve liesman with the secretary of treasury. let's get reaction to that exclusive interview. that's coming up after that short break. on deck, senator jeff sessions is with me, a ranking member of the senate budget committee. richard shelby is also with me. and maya mcguinness. this busy edition "the closing bell" is just getting started. we're back in a minute. they've been committed to putting clients first. helping generations...
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. >> steve weiss, does the data change? you have a guy who has been bullish, did defending the market every move lower. it's come back and he's defend ed it. >> i departmeidn't see the markg much between now and then. if you're really squoeoverweigh equities, you're playing for one thing, for a resolution, the fiscal cliff that you can live with. we've had china come, the chinese markets are down. our markets are not believing that. europe continues to worsen so there are lots of issues out there, lots of reasons to be negle negative plus corporate earnings. i remain cautious. >> the former chief economist and vice president biden, tony worked in the bush 43 white house, both cnbc contributors. good to see you both today. is the white house going to accept anything but tax rates going up? >> well, they've never completely closed the door on that. >> it's like maybe just a crack, and i mean it's a small crack. >> yeah, and it's a very small crack and it might even be closing. they are very much about the high higher rates. t
. >> steve weiss, does the data change? you have a guy who has been bullish, did defending the market every move lower. it's come back and he's defend ed it. >> i departmeidn't see the markg much between now and then. if you're really squoeoverweigh equities, you're playing for one thing, for a resolution, the fiscal cliff that you can live with. we've had china come, the chinese markets are down. our markets are not believing that. europe continues to worsen so there are lots of...
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i'm not understanding. >> let's ask steve smith. he is a deputy superintendent of the atlanta public schools. adrienne is yawning, so i'll give her a break for a little bit. why no carbon monoxide monitors? that seems basic. they're not all that expensive. i think you can get one on amazon for 5 bucks or something. >> thanks for asking, soledad. utmost importance is to make sure that our staff and students are safe. while the law doesn't require for us to have the carbon monoxide detectors in the schools, certainly as a result of this incident it will prompt us to look into that matter which we actually started yesterday. our understanding is actually there are probably -- there are some state that is currently do have that option. and that's going to prompt us, as a result of yesterday's incident, we've already started that process. >> in the state of georgia, where you are, if you're in a residents, you have to have a carbon monoxide monitor. it seems contradictory that your school, which is relatively new, built in 2005 or someth
i'm not understanding. >> let's ask steve smith. he is a deputy superintendent of the atlanta public schools. adrienne is yawning, so i'll give her a break for a little bit. why no carbon monoxide monitors? that seems basic. they're not all that expensive. i think you can get one on amazon for 5 bucks or something. >> thanks for asking, soledad. utmost importance is to make sure that our staff and students are safe. while the law doesn't require for us to have the carbon monoxide...
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today as steve will be, what would your first question to him be? >> my questions would be about dividends and capital gains as they're market related. with the dividends we've seen a tremendous amount of companies bring them forward in the name of tax avoidance. in both france and england we've seen a tremendous amount of steps taken for tax avoidance when they hire -- >> people leave. >> my only question, there have been studies done on that in the united states to figure out what the effect would be. my second question would be, back in '08 when the president was debating hillary clinton accepted the concept that every time we've raised capital gains tax, the receipts from that have gone down. every time we've lowered it, they've gone up. he accepted that. i want to know if his opinion is modified or is he considering laying off tax and business investment for fear that it will give us less of it. >> two very interesting questions there about what effect a change in taxes does to behavior. i think you can't deny the fact that it does change behav
today as steve will be, what would your first question to him be? >> my questions would be about dividends and capital gains as they're market related. with the dividends we've seen a tremendous amount of companies bring them forward in the name of tax avoidance. in both france and england we've seen a tremendous amount of steps taken for tax avoidance when they hire -- >> people leave. >> my only question, there have been studies done on that in the united states to figure...
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david: steve, will republicans cave on the issue of tax rate increases. will they agree with the president and his folks to raise ttx rates? >> the rank-and-file that talk to want to hold fast on that and say, no we're not going to do it. you want to push the economy off the cliff, you're the chief executive. you're supposed to be bringing people together. and put, throw the ball back in his court. david: you think no deal? >> boehner might be willing to do a deal. the rank-and-file wants to hold fast and stick to principle which is rare in washington. david: what is your feeling? do you think we'll go off the cliff? >> i think it will go right to the end. if boehner and senator mcconnell do not cave, i think we'll kick the can down the road. for once that will be a good thing rather than a bad thing. david: steve forbes, forbes media chairman. >> good to see you, david. david: liz, over to you. liz: they're doing it in churches and cafeteria, ready for a workout. "inc." magazine named sumba fitness the company of the year. we have the ceo of assume ba fi
david: steve, will republicans cave on the issue of tax rate increases. will they agree with the president and his folks to raise ttx rates? >> the rank-and-file that talk to want to hold fast on that and say, no we're not going to do it. you want to push the economy off the cliff, you're the chief executive. you're supposed to be bringing people together. and put, throw the ball back in his court. david: you think no deal? >> boehner might be willing to do a deal. the rank-and-file...
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here's the part that i would say. >> all about steve. he always does this. >> there's an ainner torment aaspect to this, too. you say 50% don't gossip here. do i talk about people behind their backs sometimes? sure. do i hear something skur lus about something and mentioned it to others. >> what have you heard about s.e.? she's not here. >> the catholic in me hates me for that. i feel so guilty for doing that. i feel so terrible. it's it's a terrible, horrible thing and i will spend time in hell for it. it doesn't -- >> toure makes up for you. >> it's a good thing for -- >> i'm going to listen to god over the daily mail. >> don't worry about it, steve. toure has it covered. he takes up 90% of the gossip. >> been here 10 minutes and you make fun of me? >> this is what i tell st. peter. >> toure told me it's okay. >> all right. glad we solved that. up next fascinating "new york times" magazine story about the island where people forget to die. you'll want to hear about this one to be sure. wasn't my daughter's black bean soup spectacular?
here's the part that i would say. >> all about steve. he always does this. >> there's an ainner torment aaspect to this, too. you say 50% don't gossip here. do i talk about people behind their backs sometimes? sure. do i hear something skur lus about something and mentioned it to others. >> what have you heard about s.e.? she's not here. >> the catholic in me hates me for that. i feel so guilty for doing that. i feel so terrible. it's it's a terrible, horrible thing and...
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i'm steve wynn. i run this place. >> you see i get enough towels. >> the golden nugget became wynn's golden egg. las vegas was just a bunch of casinos in the 1980s when steve wynn built the mirage, the first luxury resort on the strip. outside, a volcano exploded every 15 minutes. inside, he hired siegfried and roy to perform. next door, he built another hotel and brought cirque du soleil to las vegas for the first time. the strip wasn't just about gambling anymore, and steve wynn was hailed as a visionary. >> i've been given too much credit for that, really. if you look at las vegas in the 1980s, there hadn't been anything built since 1973 new. and so the city was in a time warp. and, as has so often been the case, in the valley of the blind, the one-eyed man is king. >> so you had an idea, and you were king. >> yeah, all of a sudden, i looked like i was a rocket scientist. >> not a rocket scientist but a showman. >> captain of the britannia! ready, aim, fire! [explosions booming] >> when he implode
i'm steve wynn. i run this place. >> you see i get enough towels. >> the golden nugget became wynn's golden egg. las vegas was just a bunch of casinos in the 1980s when steve wynn built the mirage, the first luxury resort on the strip. outside, a volcano exploded every 15 minutes. inside, he hired siegfried and roy to perform. next door, he built another hotel and brought cirque du soleil to las vegas for the first time. the strip wasn't just about gambling anymore, and steve wynn...
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i mean, steve. i was building the studio and the green room said we were having coffee and there is it a great deal of pride with joprotects like that. >> i was a plumber and a roofer . my family was in construction. college is simply not for everyone. >> i with the college tuition crisis looming and you have children. 50 percent can't find jobs. mr. #1: a lot of people watching right now. they are in high school or about to graduate this coming year or family members who are in that and look thinking about what is next. >> this could be their life line. young guys getting into a trade it is not that long to learn and within a year or two you are cost effective and a good employee and you can make a living at it >> steve: how do you start. >> get out there and sell yourself. if you are a eager young guy and fire in the gut. a good employer will hire you on the spot. >> steve: and andy, your website. blue collar corner.comor see me on facebook. >> steve: thank you. straight ahead on monday morning, i
i mean, steve. i was building the studio and the green room said we were having coffee and there is it a great deal of pride with joprotects like that. >> i was a plumber and a roofer . my family was in construction. college is simply not for everyone. >> i with the college tuition crisis looming and you have children. 50 percent can't find jobs. mr. #1: a lot of people watching right now. they are in high school or about to graduate this coming year or family members who are in...
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. >> i'm steve kornacki, more than aa million americans spanning all ages and races share one common belief. god is alive and well, but this isn't your parents' religious renaissance. >> na non-believer's prayers have been answered. doug dynasty invited me on a hunt, and i'm taking you all, too, today on "the cycle." >>> for those of you counting, it's just 27 days, eight hours and 59 minutes until the ball falls in times square. what did you think i was talking about? all those spending cuts and tax hikes that go into effect if washington doesn't make a deal. that means four more weeks of spinning our wheel of misfortune. where will it land today? follies. that's the perfect term. both sides miles apart. wall street remains optimistic a deal will be reached by january 1st. perhaps in a nod to investors, the president gave his first post-election interview today to none other than bloomberg tv. >> i think that we have the potential of getting a deal done, but it's going to require what i talked about during the campaign, which is a balanced, responsible approach to deficit reduction
. >> i'm steve kornacki, more than aa million americans spanning all ages and races share one common belief. god is alive and well, but this isn't your parents' religious renaissance. >> na non-believer's prayers have been answered. doug dynasty invited me on a hunt, and i'm taking you all, too, today on "the cycle." >>> for those of you counting, it's just 27 days, eight hours and 59 minutes until the ball falls in times square. what did you think i was talking...
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. >> steve, what is the army's role in all of this. that's the piece people don't understand. you have morsi and the isz lam brother head. you have the liberals who are opposing it. where does the army stand? >> the military has removed itself from the political system. the new military leadership that came into power in mid-august as a result of morsi's declarations have a deal with him. they were relieved of the burden of having to govern egypt. removing themselves from the political system is more in keeping with the history of the egypt armed forces since the 1967 defeat when they determined being a political army was not good for their organization and their ability to fight a war on the battlefield. >> is the struggle the islamist versus the seculars and is it fair to say as everybody does while the islamists have greater appeal, they're going to win this. >> there are basically three groups here that are contending for the loyalties of the mass of egypt people. one group is the egyptians. the other is the muhbaric loyalists. it was the islamists and the young revolution
. >> steve, what is the army's role in all of this. that's the piece people don't understand. you have morsi and the isz lam brother head. you have the liberals who are opposing it. where does the army stand? >> the military has removed itself from the political system. the new military leadership that came into power in mid-august as a result of morsi's declarations have a deal with him. they were relieved of the burden of having to govern egypt. removing themselves from the...
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we can talk about how we do it. >> you have to be specific, steve. because when you talk about fixing the entitlement programs, we're clear, social security is off the table. what do you mean? >> what secretary geithner said is on a separate process. >> we're talking about between now and 30 days from now. >> this is preeminently where a president has to lead and be specific. you can't expect the republicans to lead on an area that he's dominated in politically. >> here's an entitlement idea, a way to help support medicare, let them dictate price -- drug prices. >> steve, this, to me, is a much more interesting debate than tom and dan. because i think the president has done exactly what he's done in the past in this negotiating. he's not grinding it out with speaker boehner. he's out giving speeches, rallying his base. meeting with groups like moveon.org. how will he be able to walk back from the position he's taken? with the base of your conference feel like he caved. the president just won this historic re-election, how can he walk back now after h
we can talk about how we do it. >> you have to be specific, steve. because when you talk about fixing the entitlement programs, we're clear, social security is off the table. what do you mean? >> what secretary geithner said is on a separate process. >> we're talking about between now and 30 days from now. >> this is preeminently where a president has to lead and be specific. you can't expect the republicans to lead on an area that he's dominated in politically. >>...
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comedian steve colbert of south carolina is ready to replace senator jim demint. oh, are you, now? his publicist in an e-mail saying "stephen is honored by the ground swell of support from the palmetto state and looks forward to governor haley's called." >>> some conservatives are having emotional debates over the fiscal cliff negotiations. the arguments for higher taxes for the wealthy are getting very tense. ann coulter even tried a reality check on sean hannity. >> are you saying, then, for pr purposes, that they should give in to obama on the tax rate? >> not exactly. well, yeah, i guess i am, but -- >> you're saying capitulate to obama, who -- we don't have a revenue problem, ann. >> we lost the election, sean. >>> meanwhile, the house of representatives passed legislation yesterday removing the word lunatic from all federal laws. it's the latest move by congress to remove language seen as demeaning or out of date, like lunatic. >>> and in australia, prime minister julia gillard talked about the supposed prediction by the mayan calendar that the end of the world is coming in t
comedian steve colbert of south carolina is ready to replace senator jim demint. oh, are you, now? his publicist in an e-mail saying "stephen is honored by the ground swell of support from the palmetto state and looks forward to governor haley's called." >>> some conservatives are having emotional debates over the fiscal cliff negotiations. the arguments for higher taxes for the wealthy are getting very tense. ann coulter even tried a reality check on sean hannity. >>...
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with us on set, economic analyst steve rattner. also political editor and white house correspondent for the huffington post, sam stein. andrea mitchell. and in new york, msnbc contributor, mike barnicle. and the co-anchor of "street signs," brian sullivan. we've got a lot to talk about, mike barnicle, but i saw a headline on the front page of "usa today," a tease that is very intriguing, and that is one of the greatest players in major league baseball trying to get his worth right now. and if i were a major league team, i would pass on josh hamilton in a new york second because the guy phoned it in when his team needed him the most. there's an attitude problem. and yet he could be such a huge payoff. are the red sox looking at josh hamilton? >> i think any team that's looking at hamilton is looking at no longer than three years with him because of the things you just mentioned. >> he, of course, had an addiction problem, a terrible addiction problem. he got passed -- it was an inspiring story, but he seemed to fall off the cliff. n
with us on set, economic analyst steve rattner. also political editor and white house correspondent for the huffington post, sam stein. andrea mitchell. and in new york, msnbc contributor, mike barnicle. and the co-anchor of "street signs," brian sullivan. we've got a lot to talk about, mike barnicle, but i saw a headline on the front page of "usa today," a tease that is very intriguing, and that is one of the greatest players in major league baseball trying to get his worth...
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david: steve joyce, choice hotels. thanks for coming in. liz: it could be a not so happy new year for investors. coming up the editor-in-chief of yes, the famed stock trader as almanac tells us why. david: it has been a not so happy couple of months for apple but the stock is up a little bit today after falling more than 6% yesterday. we have the senior equity analyst at "morningstar" who sees a buying opportunity. he will tell you why coming next trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly oine in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#1-800-345-25 rat
david: steve joyce, choice hotels. thanks for coming in. liz: it could be a not so happy new year for investors. coming up the editor-in-chief of yes, the famed stock trader as almanac tells us why. david: it has been a not so happy couple of months for apple but the stock is up a little bit today after falling more than 6% yesterday. we have the senior equity analyst at "morningstar" who sees a buying opportunity. he will tell you why coming next trade in hong kong. tdd#:...
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steve, jump in. what about the fundamentals. >> i actually shorted gm this morning. both have had a great few weeks, couple of months but it's important to bring perspective. if you look at a long-term chart of ford, you see this stock is trading where it was in 1993. back in 1993 i was in college. i was doing beer bongs and listening to pearl jam. that was a heck of a long time ago to be at the exact same price point. when you hear stories about detroit's renaissance, detroit comebacks, have you to be skeptical but they term out as well as brett favre comebacks. >> sure. >> wow. wait a second, you shorted gm this morning? you shorted gm this morning? >> this morning. the reason i did -- >> that was actually a good play. truth is, gm is up quite a bit more than ford year to date. obviously, you picked out the one today that's quite weak. in '93 i was sloging away at my first or second job out of college. these have not been great investments long term and everybody knows that. general motors, the one we're looking at is new iteration. the last one being bankrupt. day
steve, jump in. what about the fundamentals. >> i actually shorted gm this morning. both have had a great few weeks, couple of months but it's important to bring perspective. if you look at a long-term chart of ford, you see this stock is trading where it was in 1993. back in 1993 i was in college. i was doing beer bongs and listening to pearl jam. that was a heck of a long time ago to be at the exact same price point. when you hear stories about detroit's renaissance, detroit comebacks,...
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. >>> and ashton kutcher has steve jobs. we have the first official picture from the set of the much anticipated movie. take a look at it right there. they look-alike, don't they? when you put those pictures side by side it's pretty amazing. we'll have the full story coming up. welcome back to "early start." i'm zoraida sambolin. >> and i'm christine romans in for john berman. there are new faces of the republican party, florida senator marco rubio and congressman paul ryan of wisconsin appearing together last night at the jack kemp foundation awards dinner in washington, trying to rebrand themselves and their party after a bruising setback in november. cnn political editor paul steinhauser live from washington this morning. paul ryan got hammered during the election. is he dialing back the rhetoric now? >> this was ryan's first speech since the election. both he and rubio seemed to be talking about how the republican party needs to be a party that's more inclusive, helping those in the lower associatio economic levels to ri
. >>> and ashton kutcher has steve jobs. we have the first official picture from the set of the much anticipated movie. take a look at it right there. they look-alike, don't they? when you put those pictures side by side it's pretty amazing. we'll have the full story coming up. welcome back to "early start." i'm zoraida sambolin. >> and i'm christine romans in for john berman. there are new faces of the republican party, florida senator marco rubio and congressman paul...
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>> steve, i like the humor around the group, and i think it's a slightly schizophrenic time. i think one can be deeply worried about the compression of growth, the collapse of inflation, and the possible revival of 1930s style policies around the world. that's deeply worrying. on the other hand, i think there is some space to be slightly optimistic that we're opening up opportunities for what i call a pivot to inhe flags both here in the united states and around the world. >> this is just around the corner, and it's going to destroy the economy and inflation has not ticked up. it's been low for the past few years. you say maybe a little inflation wouldn't be bad for the economy right here. kind of a counterintuitive argument to make. can you lay that case out a little bit? >> yeah. the big concern when you have a heavily indekted economy here in the united states and around the developed world the last thing you want is deflation, because that means the debt burdens get heavier and it becomes harder to pay them off. what you want essentially is some inflation. not high inflat
>> steve, i like the humor around the group, and i think it's a slightly schizophrenic time. i think one can be deeply worried about the compression of growth, the collapse of inflation, and the possible revival of 1930s style policies around the world. that's deeply worrying. on the other hand, i think there is some space to be slightly optimistic that we're opening up opportunities for what i call a pivot to inhe flags both here in the united states and around the world. >> this...
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. >> dana: so in 2009, the film-maker dan hayes who is the brother of our , cocontributor steve hayes, fox news and "weekly standard," figured out somebody has to capture the memories. honor flight is a great program started by joe dean, ibm executive. he heard about this and what they do is go to a city like chicago and they will find as many world warii veterans as they can and do an all expense trip, day trip to d.c. and they come and get to come and see the memorial. a lot of people can volunteer to do it. i am so excited. i have been waiting for the movie for two years. bob, you have seen the veterans in washington as well. >> bob: first, disappointed about taking so long to get the world war ii monument up. it was a big debate going on. i don't know why. it's such a beautiful thing first of all to see it. to see the guys coming. let's remember now, i don't think anybody is a world war ii veteran is less than 80 years old. if you think about it, if you were 16, 17 in 1941. so we are losing these people at a rapid rate. thought they could finally come and see the honor that they d
. >> dana: so in 2009, the film-maker dan hayes who is the brother of our , cocontributor steve hayes, fox news and "weekly standard," figured out somebody has to capture the memories. honor flight is a great program started by joe dean, ibm executive. he heard about this and what they do is go to a city like chicago and they will find as many world warii veterans as they can and do an all expense trip, day trip to d.c. and they come and get to come and see the memorial. a lot...
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steve thanks for bringing to us. i'm sorry, i'm reeling from that last fact. >> go to europe for that. gerri: exactly that is ridiculous. thanks so much for cing on. great to see you. >> good to see you. gerri: still to come, my two cents more. you may have heard it. "consumer reports" is making a list and checking it twice just like somebody else we know. find out who they think is naughty and who is nice. ♪ . gerri: how naughty is your favorite company? "consumer reports" says wh gerri: bank ever mechanic is throwing in the towel and giving up fight on fees. according to "the wall street journal" it is postponing fees for checking accounts. new fees will be delayed until late next year. the fees would have hit 10 million or so customersy end of the this year. bank of america was testing new fees in a pilot program in georgia, massachusetts and arizona. they're charging between six and 25 per month on type of account and service. shelving plans for the fees the nation's second largest bank is involving reliving up
steve thanks for bringing to us. i'm sorry, i'm reeling from that last fact. >> go to europe for that. gerri: exactly that is ridiculous. thanks so much for cing on. great to see you. >> good to see you. gerri: still to come, my two cents more. you may have heard it. "consumer reports" is making a list and checking it twice just like somebody else we know. find out who they think is naughty and who is nice. ♪ . gerri: how naughty is your favorite company? "consumer...
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. >> steve: bob massi, thank you very much. >> thank you, steve. >> steve: all right. if you have questions, log on to our web site. they voted to support president obama. now they say the president owes us here in detroit. >> he went to washington, d.c., he came back home with some bacon. that's what you do. that's what you do. >> steve: should the president really consider giving money as a thank you for the votes in the detroit area? we're going to talk about that. and take a look at these guys, they got high, went for a drive. so what's the plan to keep roads safe now that marijuana is legal in a couple of states? don't ask the government. they haven't figured it o yet. so for now, is your road safety at risk begin. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. yep. the longer you stay with us, the more you save. and when you switch fro
. >> steve: bob massi, thank you very much. >> thank you, steve. >> steve: all right. if you have questions, log on to our web site. they voted to support president obama. now they say the president owes us here in detroit. >> he went to washington, d.c., he came back home with some bacon. that's what you do. that's what you do. >> steve: should the president really consider giving money as a thank you for the votes in the detroit area? we're going to talk about...
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steve sanchez where are you from? >> richmond, california. >> i know it hasn't been a stellar season at 3-9. what do you anticipate tonight? >> i'm looking for a beatdown one way or another. hopefully. we're black hole until we die so we need to stop the run, stop the pass, we need to do something. >> reporter: what do you think about lawrence karnow's weather forecast? >> hey, i love the weather so far. it's looking good. i see blue skies coming. going to be a beautiful night. >> reporter: in fact, we have your raider nation forecast. as the raters play host to the denver broncos kick off at 5:00 tonight. the clouds are breaking unfortunately. we're anticipating no rain for the first time in seven days in this forecast. the clouds are breaking up. we are also forecasting -- >> whoo! >> -- a big raider nation win tonight. i know lawrence karnow one of the biggest raider fans had town is happy to see that. lawrence, there's a little guy right here who is kind of excited to meet you. >> hi there! how are you doing! > >>
steve sanchez where are you from? >> richmond, california. >> i know it hasn't been a stellar season at 3-9. what do you anticipate tonight? >> i'm looking for a beatdown one way or another. hopefully. we're black hole until we die so we need to stop the run, stop the pass, we need to do something. >> reporter: what do you think about lawrence karnow's weather forecast? >> hey, i love the weather so far. it's looking good. i see blue skies coming. going to be a...
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steve said it best from the outset. if the president does not get off to the right start here, it makes it incredibly difficult, if not at a minimum, complicated, to get the rest of his agenda through, not to mention all the foreign policy challenges that will be the backdrop. steve indicated this is the most important thing that will be done. he's likely right unless there's something that we don't want to at all think about or foresee for the next few years, so you have to get this right or get it done to get to the next step. >> but on the specifics of it, steve, why should we be optimistic? who's going to move from their position, and why would they? >> the reasons to be optimistic, you have two prose prose propos table that are robust. the president's made important concessions on revenues. the democrats have made concessions on addressing entitlements, not insufficient for the other one, and what we're fighting over now is this issue of tax rates. and the republicans do have to give on tax rates. it's going to be
steve said it best from the outset. if the president does not get off to the right start here, it makes it incredibly difficult, if not at a minimum, complicated, to get the rest of his agenda through, not to mention all the foreign policy challenges that will be the backdrop. steve indicated this is the most important thing that will be done. he's likely right unless there's something that we don't want to at all think about or foresee for the next few years, so you have to get this right or...
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thanks for having me. >> steve yankovi ch for ebay. going over the fiscal cliff could cause major problems for state economies. which face the biggest threat from the potential tax hikes? joining us on the phone is laura porter, managing director at the public finance department, sector head for the state ratings group which focuses on state credits across the country. and focuses on a report, laura, looking granularly at this. good morning. >> good morning. thanks for having me. >> in general, you argue that a lot of ratings on the state front will remain unchanged no matter what. why is that? >> we feel states are fundamentally very strong credits, have strong control over their revenues and spending and the vast majority have shown the ability and willingness to adjust. so we think that the biggest and immediate threat is the fiscal cliff and what that can mean for state revenues, which quickly react to changing economy. >> you make the point -- surprise to no one, you have an unusually high degree of uncertainty in this outlook and
thanks for having me. >> steve yankovi ch for ebay. going over the fiscal cliff could cause major problems for state economies. which face the biggest threat from the potential tax hikes? joining us on the phone is laura porter, managing director at the public finance department, sector head for the state ratings group which focuses on state credits across the country. and focuses on a report, laura, looking granularly at this. good morning. >> good morning. thanks for having me....
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. >>> up next, steve and i have gotten a lot of feedback on our debate over gun control monday. his response to your responses is next. wasn't my daughter's black bean soup spectacular? [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. gas-x is designed to relieve gas. social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. >>> we got a lot of feedback for something i said in the show, so much i thought i should respond to it. the subject was guns and domestic violence and here's what i said. >> in a house with a gun, a domestic disturbance
. >>> up next, steve and i have gotten a lot of feedback on our debate over gun control monday. his response to your responses is next. wasn't my daughter's black bean soup spectacular? [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. gas-x is designed to relieve gas. social security are just numbers thinkin a budget.d... well, we worked hard...
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steve thanks for bringing to us. i'm sorry, i'm reeling from that last fact. >> go to europe for that. gerri: exactly that is ridiculous. thanks so much for coming on. great to see you. >> good to see you. gerri: still to come, my two cents more. you may have heard it. "consumer reports" is making a list and checking it twice just like somebody else we know. find out who they think is naughty and who is nice. ♪ . [ male announcer ] where do you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. gerri: how naughty is your favorite company? "consumer reports" says which ones are cold this christmas on the annual naughty and nice list gerri: bank ever mechanic is throwing in the towel and giving up fight on fees. according to "the wall str
steve thanks for bringing to us. i'm sorry, i'm reeling from that last fact. >> go to europe for that. gerri: exactly that is ridiculous. thanks so much for coming on. great to see you. >> good to see you. gerri: still to come, my two cents more. you may have heard it. "consumer reports" is making a list and checking it twice just like somebody else we know. find out who they think is naughty and who is nice. ♪ . [ male announcer ] where do you turn for legal matters?...
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>> well, i would actually say to steve the fourth, and that's the secretary of state position is actually softened hillary clinton. she's been made accessible and precisely because of the work she's done with women and children but also she's been able to demonstrate her tenacity but also her leadership on a global level where it's no longer is she part of the bill and hillary team now, but every time someone mentions clinton you first think of hillary and then think of bill. that demonstrates not only has she been able to become more accessible, but more importantly she's been fierce all on her own as a leader. >> jonathan, let me play with james carville said about a possible hillary clinton candidacy. take a listen. >> every democrat i know says, god, i hope she runs, we don't need a primary. the democrats want her to run. i don't mean a lot of democrats, i mean a whole lot of democrats, like 90% across the country. >> okay, john. so when you look at the roster of likely gop candidates from bobby jindal, rick santorum possibly, chris christie, marco rubio, would any of them be able to
>> well, i would actually say to steve the fourth, and that's the secretary of state position is actually softened hillary clinton. she's been made accessible and precisely because of the work she's done with women and children but also she's been able to demonstrate her tenacity but also her leadership on a global level where it's no longer is she part of the bill and hillary team now, but every time someone mentions clinton you first think of hillary and then think of bill. that...
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steve, and brandon darby was an occupy protest who was in the group and then became an informant for the fbi. >> brandon, you were inside the movement and one of the thing i'm afraid of is you have the extreme left that wants to fundamentally transform and change america in ways that i don't think the average american would really comprehend. you were there. you were inside. how widespread is the thinking on this? >> sean, you have to understand that this video is really a serious of videos. a serious of videos where this same sentiment has been expressed t happened in the 2008 republican national convention. what i learned working undercover with the fbi was that these groups oftentimes are supported by the moderate left of center groups. and they are oftentimes protected by them in the media after they get caught by law enforcement. >> that's a fascinating thing, steve, because remember we had the guy deaf -- deficating on the police car and a rape tent set up for women because of the rapes taking place, and it was a really radical movement. we saw violence in cities across america
steve, and brandon darby was an occupy protest who was in the group and then became an informant for the fbi. >> brandon, you were inside the movement and one of the thing i'm afraid of is you have the extreme left that wants to fundamentally transform and change america in ways that i don't think the average american would really comprehend. you were there. you were inside. how widespread is the thinking on this? >> sean, you have to understand that this video is really a serious...
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steve mcmahon, purple strategies. when the cameras aren't rolling, you love and respect leader armey. >> well, one of the things that happen in washington is you're in these green rooms all the time and i don't agree with him on anything, but he's a terrific guy. >> i saw a parity and ann coulter and al sharpton got off appearing on some show and they high fived each other in the green room and they were calling each other honey and what's our next gig, where is it going to be? and it was totally, hate when they're out there arguing. >> they're human beings. and it's the way washington used to work. people used to socialize together, whether they were democrats or republicans. they built an entire notion on the company that you can get democrats and republicans to work together to solve business and brand challenges. that's the key issue. >> they don't know each other. they don't socialize each other. there's a taint with doing it. let me give you an idea. we've got a fiscal cliff now. we have the fiscal abyss next ye
steve mcmahon, purple strategies. when the cameras aren't rolling, you love and respect leader armey. >> well, one of the things that happen in washington is you're in these green rooms all the time and i don't agree with him on anything, but he's a terrific guy. >> i saw a parity and ann coulter and al sharpton got off appearing on some show and they high fived each other in the green room and they were calling each other honey and what's our next gig, where is it going to be? and...
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thanks for joining us, steve. first of all, what about the scenario that oh let's just let them go over the cliff and won't matter and the markets will view it as a nonevent. what do you think some. >> certainly going to matter. there's no question it's going to matter. it's going to matter to the markets. we don't know how much. this is an unprecedented situation, at least in my lifetime. we've had crises and debt ceilings and all that, but going over a cliff like this is a new one. the markets would be volatile, extremely -- a lot of downward pressure on them. and then the question would be how do businesses and consumers behave and quickly do they pull back? everyone knows the immediate impact from the government coming back and spending wouldn't be that great. the question then is how do businesses and consumers react? i don't think it will be a pretty sight. >> what about the debt ceiling? there was a suggestion? geithner's opening bid that they do a permanent fix and give the president the operative control
thanks for joining us, steve. first of all, what about the scenario that oh let's just let them go over the cliff and won't matter and the markets will view it as a nonevent. what do you think some. >> certainly going to matter. there's no question it's going to matter. it's going to matter to the markets. we don't know how much. this is an unprecedented situation, at least in my lifetime. we've had crises and debt ceilings and all that, but going over a cliff like this is a new one. the...
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steve. >> steve: wee! all right. let's talk regulations. it's being called the farm of the future, but this food supply doesn't come from land. it comes from the ocean. unfortunately, an entrepreneur's plan to bring his deep water fish farm that you're looking at right there to the united states to help boost our nation's seafood supply and economy has been derailed by u.s. federal regulations and now he's being forced to ship his operation somewhere else. we'll tell you where in a moment. why are we driving businesses overseas the way we've done with the oil industry? joining us is the fellow at the competitive enterprise institute, nonpartisan group that studies the economic impact of federal regulations. this guy by the name of brian came up with open blue. what it is, it's a fish farm that he's figured a way to take the nets out into the middle of the ocean and do what? >> what he's able to do is to fish farm not guilty a way that satisfies three important groups. one is the foodies. people who understand the taste of wild fish prefer t
steve. >> steve: wee! all right. let's talk regulations. it's being called the farm of the future, but this food supply doesn't come from land. it comes from the ocean. unfortunately, an entrepreneur's plan to bring his deep water fish farm that you're looking at right there to the united states to help boost our nation's seafood supply and economy has been derailed by u.s. federal regulations and now he's being forced to ship his operation somewhere else. we'll tell you where in a...
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. >> joining me now is steve and republican strategist and form are campaign manager for huckabee, jim saltsman. >> hello. >> pmr. demint has been trying o leverage his position as the tea party's uncompromising man in the gop and that his effort has failed or stalled. >> i don't think i agree with "the washington post" at all. i think he's had a great impact across the country and i think the move to the heritage makes a lot of sense to him personally. he always said he was going to be a two-term senator. had he a term less. he left early. he wasn't going to be a career politician. i think this makes a lot of sense for senator demint in a lot of ways and i think it's good for the conservative movement. >> he has supported candidates against more moderate republicans in primaries and then his candidate lost in the general election, including obviously richard mourdock in indiana, christine o'donnell, ken buck in colorado. what do you think is going to be the influence now for jim demint going into the heritage foundation? >> i think he's been a singular failure when you look at the can
. >> joining me now is steve and republican strategist and form are campaign manager for huckabee, jim saltsman. >> hello. >> pmr. demint has been trying o leverage his position as the tea party's uncompromising man in the gop and that his effort has failed or stalled. >> i don't think i agree with "the washington post" at all. i think he's had a great impact across the country and i think the move to the heritage makes a lot of sense to him personally. he...
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is that the same as product genius and marketing genius that steve jobs had? we'll have to evaluate that over the next year. he has taken apple to be the largest listed market capitalization company on any u.s. exchange. now we'll see what he can do over the next 12 months or 14 months to find new markets and to continue growth. >> all right. colin, thank you for phoning in. >> euro retreating from a seven-week high against the dollar on poor demand for spanish bond auction today and indeed it must be said weaker than eurozone retail sales figures. andy, welcome. where does the euro go from here? >> hi, simon. there's a couple things that make me worried about the euro today. we made a higher high and are making a lower close. as we get into this week, we have only one more week before things turn over as far as risk goes in the financial markets. i'm worried about the fiscal cliff, yes. negotiations look ugly. also i'm worried about u.s. stocks once they start to go ex-dividend and costco and disney on december 10th will be poster children for what happens to
is that the same as product genius and marketing genius that steve jobs had? we'll have to evaluate that over the next year. he has taken apple to be the largest listed market capitalization company on any u.s. exchange. now we'll see what he can do over the next 12 months or 14 months to find new markets and to continue growth. >> all right. colin, thank you for phoning in. >> euro retreating from a seven-week high against the dollar on poor demand for spanish bond auction today...
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Dec 10, 2012
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joining us now to discuss is steve, chair of the gay and lesbian victory fund. great to have you. >> nice to be here, alex. s. >> so a lot of tea leaf read and arm chair prognostication around this. i am by no means a supreme court expert, but when i saw that they were taking up both doma and prop 8, question as to whether they would take up inform i them at all, it seemed to me a signal that the court was ready to make a big decision, and i just cannot imagine, especially when you have conservatives like john roberts, who maybe sort of a fiscal conservative and vote in support of something like citizens united, but socially does not seem to be as conservative as, say, scalia. that they would be looking at the ark of history and say they are ready to make this law of the land. your intripgs now three days after they announced? are you feeling bullish or bearish? i asked you this on friday. i ask again. >> i'll bullish. i think the court wants to get in front of history and behind it. it is so clear where the country is moving. there is a poll this morning that s
joining us now to discuss is steve, chair of the gay and lesbian victory fund. great to have you. >> nice to be here, alex. s. >> so a lot of tea leaf read and arm chair prognostication around this. i am by no means a supreme court expert, but when i saw that they were taking up both doma and prop 8, question as to whether they would take up inform i them at all, it seemed to me a signal that the court was ready to make a big decision, and i just cannot imagine, especially when you...
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Dec 6, 2012
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we saw the live scenes with steve harrigan. since mohamed morsi, the president there assumed near absolute powers through a constitutional move. he and the muslim brotherhood have been doing things that have a lot of people concerned in terms of ramming through a very controversial new constitution that the people have been very unhappy about. what's going on there. come back home now for a moment and take a look at the latest numbers we have got on the u.s. economy. the weekly unemployment numbers came in as they do every thursday. the labor department reported 370,000 americans filed for first-time unemployment claims. either way, either way, folks, your taxes will go up despite the haggling going on on capitol hill. you will be paying more to the u.s. government. stuart varney joins me now. so, stuart, that's the bottom line. this is what people i think across the country are starting to realize no matter what they negotiate, 2013 will be different for most of us. >> this is the untold tax story. everybody has been concentra
we saw the live scenes with steve harrigan. since mohamed morsi, the president there assumed near absolute powers through a constitutional move. he and the muslim brotherhood have been doing things that have a lot of people concerned in terms of ramming through a very controversial new constitution that the people have been very unhappy about. what's going on there. come back home now for a moment and take a look at the latest numbers we have got on the u.s. economy. the weekly unemployment...